Part 2/12:
Disney’s troubles are not new, but recent months have been particularly bleak. The company experienced a nearly 50% drop in its stock value in 2022, accompanied by disappointing box office totals that failed to meet expectations. However, it's in the streaming realm where their woes have become most evident. Disney+ has faced a significant hit, losing around four million worldwide subscribers just in the last quarter, and racking up losses close to a billion dollars per quarter on content alone.